Abracadabra.money declared emergency measures Wednesday after its dollar-pegged stablecoin Magic Internet Money (MIM) fell roughly 50% below its $1 target. MIM was trading around $0.48 Thursday, its worst sustained depeg on record. "We're acutely aware of the $MIM depeg and are taking emergency… Read the full story at The Defiant
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Magic Internet Money Falls 50% Below Peg as Abracadabra Declares Emergency
